Schedule III Real Estate and Accumulated Depreciation |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Initial Cost to Company | | | | | | Cost Amount Carried at Close of Period | | | | | | | Property | | City | | State | | Encumbrances(1) | | Land | | Buildings and Improvements | | Costs Capitalized Subsequent to Acquisition, Net | Impairment/Write Downs | | Land | | Buildings and Improvements | | Total(2) | | Accumulated Depreciation(3) | | Date Acquired | | Original Construction Date | 1225 Seventeenth Street | | Denver | | CO | | $ | — |
| | $ | 22,400 |
| | $ | 110,090 |
| | $ | 33,108 |
| | $ | (2,750 | ) | | $ | 22,400 |
| | $ | 140,448 |
| | $ | 162,848 |
| | $ | 35,066 |
| | 6/24/2009 | | 1982 | 1250 H Street, NW | | Washington | | DC | | — |
| | 5,975 |
| | 53,778 |
| | 15,895 |
| | (579 | ) | | 5,975 |
| | 69,094 |
| | 75,069 |
| | 33,383 |
| | 6/23/1998 | | 1992 | Georgetown-Green and Harris Buildings | | Washington | | DC | | — |
| | 24,000 |
| | 35,979 |
| | 1,076 |
| | — |
| | 24,000 |
| | 37,055 |
| | 61,055 |
| | 8,402 |
| | 9/3/2009 | | 1960;1975 | 109 Brookline Avenue | | Boston | | MA | | — |
| | 3,168 |
| | 30,397 |
| | 15,636 |
| | (1,397 | ) | | 3,168 |
| | 44,636 |
| | 47,804 |
| | 21,853 |
| | 9/28/1995 | | 1915 | 1735 Market Street | | Philadelphia | | PA | | — |
| | 24,753 |
| | 222,775 |
| | 95,918 |
| | (14,927 | ) | | 24,748 |
| | 303,771 |
| | 328,519 |
| | 136,425 |
| | 6/30/1998 | | 1990 | 206 East 9th Street | | Austin | | TX | | 26,000 |
| | 7,900 |
| | 38,533 |
| | 5,362 |
| | (444 | ) | | 7,900 |
| | 43,451 |
| | 51,351 |
| | 7,073 |
| | 5/31/2012 | | 1984 | Bridgepoint Square | | Austin | | TX | | — |
| | 7,784 |
| | 70,526 |
| | 20,637 |
| | (1,172 | ) | | 7,784 |
| | 89,991 |
| | 97,775 |
| | 45,146 |
| | 12/5/1997 | | 1986;1996;1997 | Research Park | | Austin | | TX | | — |
| | 15,859 |
| | 60,175 |
| | 33,383 |
| | — |
| | 21,212 |
| | 88,205 |
| | 109,417 |
| | 38,117 |
| | 10/7/1998; 10/11/2016 | | 1968;1998; 2001 | 333 108th Avenue NE | | Bellevue | | WA | | — |
| | 14,400 |
| | 136,412 |
| | 2,746 |
| | (31 | ) | | 14,400 |
| | 139,127 |
| | 153,527 |
| | 33,117 |
| | 11/12/2009 | | 2008 | 600 108th Avenue NE | | Bellevue | | WA | | — |
| | 3,555 |
| | 30,244 |
| | 19,677 |
| | (1,199 | ) | | 3,555 |
| | 48,722 |
| | 52,277 |
| | 17,386 |
| | 7/16/2004 | | 1980 | | | | | | | $ | 26,000 |
| | $ | 129,794 |
| | $ | 788,909 |
| | $ | 243,438 |
| | $ | (22,499 | ) | | $ | 135,142 |
| | $ | 1,004,500 |
| | $ | 1,139,642 |
| | $ | 375,968 |
| | | | |
Analysis of the carrying amount of real estate properties and accumulated depreciation: | | | | | | | | | | Real Estate Properties | | Accumulated Depreciation | Balance at January 1, 2016 | $ | 3,887,352 |
| | $ | 898,939 |
| Additions | 113,258 |
| | 101,647 |
| Loss on asset impairment | (58,595 | ) | | (119 | ) | Disposals | (1,085,125 | ) | | (245,212 | ) | Balance at December 31, 2016 | 2,856,890 |
| | 755,255 |
| Additions | 55,041 |
| | 71,979 |
| Loss on asset impairment | (6,711 | ) | | — |
| Properties classified to held for sale | (138,130 | ) | | (62,064 | ) | Disposals | (1,019,479 | ) | | (314,452 | ) | Balance at December 31, 2017 | 1,747,611 |
| | 450,718 |
| Additions | 58,618 |
| | 39,161 |
| Loss on asset impairment | (12,032 | ) | | — |
| Disposals | (654,555 | ) | | (113,911 | ) | Balance at December 31, 2018 | $ | 1,139,642 |
| | $ | 375,968 |
|
| | (1) | Excludes net unamortized premiums and net unamortized deferred financing costs. |
| | (2) | Excludes value of real estate intangibles. Aggregate cost for federal income tax purposes is approximately $1,129,227. |
| | (3) | Depreciation is calculated using the straight line method over estimated useful lives of up to 40 years for buildings and improvements and up to 12 years for personal property. |
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